GBPUSD GO DOWN SELLTRADING SUGGESTION:
Now we looking to the market got breakout moment,so wait to take sell trade.GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
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Gbpusd_forecast
Trading Idea Regarding GBPUSDInshallah, GBPUSD is First Going Up to Either Retest 200MA Resistance OR The Downtrend Line Before Coming All The Way Down
GBPUSD BearishGU create hidden bearish divergence and touch the trend line! So i anticipate GU short from this level!
GBP/USD good short position gbp usd is currently in bearish momentum
look for bearish confirmation on lower time frames and enter short with your own money management
patience is the key
GBPUSD - Imbalance FillI am looking to sell short term on GBPUSD to capture some of the imbalance from the impulsive bullish move yesterday.
I think the price will continue to create new LTF highs before bouncing from some of the order blocks marked to the downside.
GBPUSD Long into 1.38000Confluences
A. Major Key level
b. FIB 38.2% (Most likely since previous daily closure was Bullish engulfing shooting star)
-another reason why 38.2% might rejected and reverse is that there is a Liquidity in 1HTF
c. Quarter points .750 (If reversal happen @ price of 1.36750)
d. Daily engulfing shooting star
GBPUSD BullishGBPUSD create in daily Lower Low & RSI indicate Higher Low! So, its a clear strong Bullish Divergence!
1st TP 1.374xx
2nd TP 1.379xx
GBP/USD has hit a fresh five-month low as worries about the Delta covid variant rise. GBP/USD's tumble below the 1.359xx it was also exacerbated by the risk-off mood in markets, which favors a light to the safety of the US dollar. The delta strain is spreading rapidly all over the world, causing investors a rethink the economic recovery. The dollar's breather early on Wednesday and cable's inability to take advantage of it is a bearish sign. A currency pair that cannot recover is set to tumble.
Advanced vaccination campaigns in the US and especially the UK should keep hospitalizations and deaths at low levels – this wave is far less deadly than the previous ones. However, the suffering has yet to peak – it is still not the time to buy the Delta dip.
Sterling was also hit by dovish comments from Monetary Policy Committee member Jonathan Haskel, who prefers refraining from tightening. Brexit issues continue weighing on the pound. The EU and the UK remain at loggerheads around the Northern Irish protocol.
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Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
GBPUSD - Zone RespectPrice respected the huge marked out order block from yesterday but has had trouble departing from there.
I would like to see price mitigate minor time frame imbalance before bouncing from the 5M OB marked to the upside.
If we see no rejection from that point buyers are invalid and sellers have won the battle.
GBPUSD H1 TIMEFRAME ANALYSIS (SELL)We sell this pair because of the strong resistance above. Our entry and exit levels have been shown on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. Invest wisely. Wish you more success.
GBPUSD Big move aheadGbpusd is on a strong support zone and it also formed a descending channel with a 3 touch pattern and it is expected to long , wait for a continuation pattern or look for a risk entry with proper risk management
GBPUSD-short#GBPUSD
The MArket has broken out of the bullish channel and completed correction. Time to look for bearish movement.
GbpUsd- preparing for a 500 pips dropAs I said in my past GbpUsd analysis, the pair could be in a large double top at this point with confirmation coming with a break under 1.37
I believe we will have this break and cable could drop 500 pips.
Only the price back above 1.4 would change this bearish outlook
GBPUSD Key LevelsThis pair is currently in a downtrend and price is below the 50EMA and in the Daily Support Zone. Price has been tested multiple times in the past, anticipating a great area to buy with price action patterns. I'll be looking for counter-trend opportunities on lower time frames during the London Session.
Daily Support Zone (1.37166 - 1.37673)
GBP/USD good buy opportunity gbp usd was in correction mode from last 2 weeks and now market is facing bulling rejection a very strong demand area as we can see market made multiple attempts to break but failed
so we can look fir a bullish opportunity
so i suggest you guys to look fir bullish confirmations on lower time frames and enter long with your own money management
GBP USD Swing LongGBP USD has reached its weekly support level and it is lining up nicely with the bottom of the daily channel.
As for the 4 HR timeframe Price is still heavily bearish. 1.37000 is a strong Key level that hasnt bee broken since February this year. Price has always bounced 300 + pips from here.
I am looking to get into a buy either at 1.37000 and ride up to 1.4000 for a high risk high reward PIP count
or wait for a bullish run and a pullback to retest the descending 4hr Trendline i have drawn above.
Bullish Bias:
Entry: 1.37000 area
SL: 1.36500
TP: 1.3800, 1.3900, 1.400
Trading Idea Regarding GBPUSDI Tried To Make Every Thing Self Explanatory In The Chart
Note:
Red Lines In The The Chart are Support & Resistance Lines So Tarde Carefully While Market Touch These Levels
Precise area to put buy stopPrecise area is mentioned from where you can buy or put a buy stop to entry some green pips.
GBPUSD is on Range TradingWaite for break out range trading from upside or downside and let market select side .
